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Thursday, January 5, 2012

GREENSBORO, N.C., Jan. 5, 2012 (GLOBE NEWSWIRE) -- Tanger Factory
Outlet Centers, Inc.(NYSE:SKT), announced today that its Board of
Directors declared a quarterly dividend of $0.20 per share for the fourth
quarter ended December 31, 2011. A cash dividend of $0.20 per share will be
payable on February 15, 2012 to holders of record on January 30, 2012.